Starway Solutions Private Limited
About Starway Solutions Private Limited
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Starway Solutions Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 27 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2013PTC073746.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Priyanka Mehra and Raveena Navneet Ahuja.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹98,642, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹1,134 (net margin -1.1%) and EBITDA of ₹10,278 (EBITDA margin 10.4%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Starway Solutions Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. G – 13 Ground Floor Times Corner, Near Ambrosia Business Hub Vip Road, Surat, Gujarat, India – 395007
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Starway Solutions Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Starway Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Starway Solutions Private Limited, buy the company report.
Financials of Starway Solutions Private Limited
FY 2023 filings availableStarway Solutions Private Limited reported revenue of ₹98,642 (down 32% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 32% fall in the latest year. EBITDA fell 21% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹10,278 | ||||
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| Net Profit (PAT) | -₹1,134 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | -1.1% | ||||
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To see the full financial statements and ratios of Starway Solutions Private Limited, buy the company report.
Board of directors of Starway Solutions Private Limited
Starway Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyanka Mehra | Director | 27 Feb 2013 | 13 Years 8 Months | Current |
| Raveena Navneet Ahuja | Director | 09 Nov 2019 | 6 Years 11 Months | Current |
Auditor
Starway Solutions Private Limited is audited by K A L & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K A L & ASSOCIATES | FY 2019 | 133368W |
Shareholding
The shareholding of Starway Solutions Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Starway Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Starway Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Starway Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Starway Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Starway Solutions Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Tushar Navneet Ahuja ceased to be Director on 11 Nov 2019.
Frequently asked questions
Starway Solutions is an active private limited company based in Surat, Gujarat, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 27 February 2013 (13+ years old) and is registered under CIN U72200GJ2013PTC073746.
Starway Solutions has 2 current directors:
- Priyanka Mehra - Director
- Raveena Navneet Ahuja - Director
The latest financial statements of Starway Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Starway Solutions is U72200GJ2013PTC073746. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Starway Solutions was incorporated on 27 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Tushar Navneet Ahuja ceased to be Director on 11 Nov 2019. Raveena Navneet Ahuja was appointed as Director on 09 Nov 2019. Priyanka Mehra was appointed as Director on 27 Feb 2013.
The registered office of Starway Solutions is at Shop No. G – 13 Ground Floor Times Corner, Near Ambrosia Business Hub Vip Road, Surat, Gujarat, India – 395007.
Starway Solutions operates in the information technology industry, in the IT products retail and distribution segment.
The compliance status of Starway Solutions is compliant as of 10 August 2026. The company is actively filing with the Registrar of Companies.
Starway Solutions can be reached at its registered office: Shop No. G – 13 Ground Floor Times Corner, Near Ambrosia Business Hub Vip Road, Surat, Gujarat, India – 395007.